Chapter 11 Tips for Creditors - Plans and Disclosure Statements

Understanding the intricacies of a Chapter 11 plan is crucial for bankruptcy attorneys representing creditor interests. This course delves into the mechanics of Chapter 11 Bankruptcy cases, focusing on the development and implications of both reorganization and liquidation plans. Participants will also gain insights into the pivotal role of the Disclosure Statement, which provides a summary of the Plan to assist interested parties to decide on whether to accept the proposed plan. 

By exploring these elements through hypothetical examples, this program equips creditors' counsel with the knowledge to safeguard their clients' rights and maximize their positions during the bankruptcy process. This program will assist creditors' counsel by emphasizing fundamental concepts essential to representing their clients.

Learning Objectives:

1. Gain a comprehensive understanding of the general procedures and strategic considerations in Chapter 11 filings
2. Examine the contents and significance of the Disclosure Statement and Plan, learning what to look for and why it matters
3. Analyze common creditor issues such as claim treatment, contractual obligations, and the enforceability of releases
4. Identify typical objections to the plan and disclosure statement and learn effective strategies to address them
5. Review the steps for filing a creditor's plan to assert control over the reorganization process when necessary